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Nigeria Loses $1bn in Reserves to Pressure

  By Emele Onu, 09.06.2010 Nigeria’s external reserves dropped by $1 billion to $36.010 billion yesterday as against $37 billion as at the end of September.   Analysts attributed the depletion, which occurred just about a week to the pressure on the Central Bank of Nigeria (CBN) to finance importation. […]

Govt to sell N75b bond to boost infrastructural capacity

    07 September 2010 The Federal Government may have concluded plans to sell its first global bond of $500 million next month.   The bond, after sale, may be used by the government to revive infrastructure in the ailing power sector.   Federal Government was also believed to be […]

NSE Crisis May Derail Integrated Regional Exchange

    09.06.2010 The crisis at the Nigerian Stock Exchange (NSE) could cause a set back to the integrated West African stock exchange, an official of the Ghana Stock Exchange (GSE), has said   Deputy Managing Director of GSE, Mr. Ekwo Afedzie, made the remarks at the Independent Shareholders Association of […]